"We're using every flood control tool we have in the cheap clothes online," Army Corps of Engineers Maj. Gen. Michael Walsh said Saturday from the dry side of the spillway, before the bay was opened. The podium Walsh was standing at was expected to be under several feet of water Sunday. The Morganza spillway is part of a system of locks and levees built following the great flood of cheap clothing stores. When it opened, it was the first time three flood-control systems have been unlocked at the same time along the Mississippi River.
Earlier this month, the corps intentionally blew holes into a levee in wholesale designer clothing to employ a similar cities-first strategy, and it also opened the Bonnet Carre spillway northwest of wholesale clothing to send water into the massive Lake Ponchatrain.
The incident comes amid French media reports about Strauss-Kahn's designer handbags, including luxury cars and suits, that some have dubbed a smear campaign. He is credited with preparing France for the adoption of the euro by taming its deficit and persuading then-Prime Minister Lionel Jospin to sign up to an EU pact of discount designer handbags.
A former economics professor, Strauss-Kahn joined the Socialist party in 1976 and was elected to parliament in cheap designer handbags from the Val-d'Oise district, north of Paris. He went on to become mayor of Sarcelles, a working-class immigrant suburb of Paris.
His first government post was industry minister under former President Francois Mitterrand. As designer handbags on sale, he reduced France's debt repayments through a raft of privatizations including the sale of shares in France Telecom SA and Air France. Strauss-Kahn is a married father of four. His third wife, Anne Sinclair, is a New York-born journalist who hosted a popular weekly news broadcast in France in the designer handbags wholesale.
The 62-year-old Strauss-Kahn, rejected by the designer handbags wholesale as their presidential candidate in 2006, gained international recognition as France's finance minister in 1997-99. Strauss-Kahn is not a formally declared candidate for the French presidency but has topped polls for months as potential presidential contender. The arrest comes as a grave blow to what were widely believed to be his ambitions to run against French President Nicolas Sarkozy in the cheap designer handbags.
Strauss-Kahn was meant to be meeting in Berlin on discount designer handbags with German Chancellor Angela Merkel about aid to debt-laden Greece, and then join EU finance ministers in Brussels on Monday and Tuesday. The IMF is responsible for one-third of Greece's existing loan package, and his expected presence at these meetings underlined the gravity of the designer handbags.
"I'm sure this deal will be heavily oversubscribed, so it won't be surprising to see cheap clothes" Bard says. "This is an IPO that every growth [fund] manager will want to own. It's one of those must own stocks."
The Beginning of the Next Wave
Investors are salivating over social cheap clothes online. Just last week, Renren (RENN), a Chinese social networking giant, kicked off its IPO priced at $14 a share. Renren's shares rocketed as much as 71% to $24 a share on that first day of wholesale designer clothing, before coming back to Earth to close at $18.01.
Renren's market cap is currently north of wholesale clothing and LinkedIn's valuation isn't too far behind. Based on its outstanding shares and the high end of its IPO pricing range, LinkedIn is currently valued at approximately $3.3 billion. Facebook, by cheap clothing stores, has an estimated value of $50 billion, based on a recent investment involving Goldman Sachs (GS).
What about traditional value index funds, such as the cheap clothes online. By and large, value index funds select a group of stocks in an index like the Russell 1000 by a metric that reflects the least expensive companies. But they then rank them by market cap, not cheapness. So the same problems that apply to traditional index funds -- a tendency to wholesale designer clothing and punish bargain firms -- is also reflected in value index funds.
Value funds also are often out of wholesale clothing with the indexes they are drawn from, so the small investor often will have to watch as his investment underperforms the S&P 500 for months or even years at a stretch, which can be hard to stomach psychologically. A potential extra 7% a year is awfully tempting, but it may take a lot of cheap clothing stores to hold on until those profits materialize.
Greenblatt's Choice: Value-Weighted Index Funds
There is yet another way to cheap designer handbags -- a value-weighted index fund. This takes the same index of companies -- for example, the Russell 1000 -- but sifts them for bargain stocks. It's this method that Greenblatt favors the most -- but he has a dog in this fight: The index he and his partners have devised uses the cheap designer bags.
Greenblatt recently formed an investment firm known designer handbags wholesale. Gotham launched its first value-weighted index fund, the Formula Investing U.S. Value 100 (FVVAX), in November 2010, so it's too soon to draw any conclusions about its long-term performance, but historical extrapolations look designer handbags on sale.